ECC5720

Applied economic analysis

Mrs Judy Rich

6 points
* Two 1.5-hour lectures/seminars per week
* First semester
* Clayton
* Prerequisite: ECC4650 and ECC4660

Objectives On completion of this subject students should have a sound awareness of the intrinsic limitations of theoretical models; be able to apply the knowledge gained in theory subjects to concrete market phenomena; be able to incorporate institutional features in theoretical models; understand the principles and practical constraints on the making of economic policies.

Synopsis Subject areas include the economics of imperfect markets; non-clearing behaviour in credit and goods markets; oligopoly theory; labor market behaviour and institutions; international capital flows and foreign debt.

Assessment Assignments: 40%
* Examination (3 hours): 60%